NOT LISTED FOR SALE

Estimated Value: $415,751 - $524,000

2 Beds
2 Baths
1,152 Sq Ft
1,307 Sq Ft Lot

Last Sold April 19, 2017

Last sale price $303,000 $263 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,927/month

30 Days on Market

About This Home

As of April 2017

Welcome to Toluca Palms. This 10-unit, beautifully maintained complex is located in the Deepwell neighborhood of South Palm Springs, and is within walking distance to the Smoketree Shopping Center. This light and bright 1152 square foot condo, located in a prime corner location of the complex, has had a down-to-the-studs renovation and transformed into a sleek and contemporary home. Amenities include an open kitchen with bamboo cabinetry, quartz countertops and built-ins, and stainless steel appliances. The entire home has white porcelain tile flooring, custom lighting features, custom built-in closets in both bedrooms, luxurious bathrooms, a bonus room off of the bedroom and dining room, and sweeping western mountain views from the front patio. Get ready to live your Palm Springs Lifestyle at 1450 S. Palm Tree Dr.

Last Agent to Sell the Property

Harold Watts

Harold Watts, Broker License #01249521 Listed on: 02/11/2017

Last Buyer's Agent

Harold Watts

Harold Watts, Broker License #01249521 Listed on: 02/11/2017

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,360

Year Built

1972

Lot Details

0

Listing Details

  • Cross Street: SAGEBRUSH
  • Entry Location: Ground Level - no steps
  • Active Date: 2017-02-11
  • Full Bathroom: 2
  • Building Size: 1152.0
  • Building Structure Style: Contemporary
  • Driving Directions: From E. Palm Canyon, West of Sunrise Way, Go North on Sagebrush. Take first left onto Palm Tree Dr. The condo is located on the right, near the curve of the road.
  • Full Street Address: 1450 S PALM TREE DR
  • Lot Location: Corner Lot
  • Pool Descriptions: Community Pool, Association Pool
  • Primary Object Modification Timestamp: 2017-04-24
  • Spa Descriptions: Association Spa, Community
  • Unit Floor In Building: 1
  • Total Number of Units: 10
  • View Type: Mountain View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1972

Interior Features

  • Eating Areas: Dining Area
  • Appliances: Microwave, Range
  • Advertising Remarks: Welcome to Toluca Palms. This 10-unit, beautifully maintained complex is located in the Deepwell neighborhood of South Palm Springs, and is within walking distance to the Smoketree Shopping Center. This light and bright 1152 square foot condo, located in
  • Total Bedrooms: 2
  • Builders Tract Code: 7010
  • Builders Tract Name: TOLUCA PALMS
  • Fireplace: No
  • Levels: One Level, Ground Level
  • Spa: Yes
  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Floor Material: Ceramic Tile
  • Laundry: Laundry in Closet, Inside
  • Pool: Yes

Exterior Features

  • View: Yes
  • Lot Size Sq Ft: 1307
  • Common Walls: Attached
  • Patio: Concrete Slab, Patio Open

Garage/Parking

  • Total Parking Spaces: 2
  • Parking Features: Uncovered
  • Parking Type: Assigned, Side by Side

Utilities

  • Sewer: In, Connected & Paid
  • Water District: DESERT WATER AGENCY
  • TV Svcs: Cable TV
  • Cooling Type: Air Conditioning, Central A/C
  • Heating Type: Central Furnace
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • Amenities: Assoc Maintains Landscape
  • HOA: Yes
  • HOA Fee Frequency: Monthly
  • Association Rules: PetsPermitted
  • Association Name: Toluca Palms
  • HOA Fees: 275.0

Schools

  • Elementary School: Agua Caliente Elemen
  • High School: Palm Springs High Sc

Multi Family

  • Total Floors: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2017
Closed on
Mar 15, 2017
Sold by
Muhareb Imad
Bought by
Debok Brandon George
Seller's Agent
Harold Watts
Harold Watts, Broker
Buyer's Agent
Harold Watts
Harold Watts, Broker
List Price
$329,000
Sold Price
$303,000
Premium/Discount to List
-$26,000
-7.9%
Current Estimated Value
$483,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,688
Avg. Annual Appreciation
5.66%
Original Mortgage
$242,400
Outstanding Balance
$201,733
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$281,955

Purchase Details

Listed on
Feb 19, 2016
Closed on
Mar 3, 2016
Sold by
Fannie Mae
Bought by
Muhareb Imad
Seller's Agent
Michael Ricks
Bennion Deville Homes
Buyer's Agent
Harold Watts
List Price
$149,900
Sold Price
$165,968
Premium/Discount to List
$16,068
10.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.71%

Purchase Details

Closed on
Oct 7, 2015
Sold by
Spotts Jimmie Owen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 5, 2005
Sold by
Rutherford Dale R
Bought by
Spotts Jimmie Owen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 1999
Sold by
Hicks Norman G and Hicks Linda L
Bought by
Rutherford Dale R

Purchase Details

Closed on
Feb 7, 1996
Sold by
Clark A J and Clark A
Bought by
Scott Joe E and Scott Carol
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Debok Brandon George $303,000 First American Title
Muhareb Imad $166,000 Stewart Title Of Ca Inc
Federal National Mortgage Association $240,000 Pacific Coast Title
Spotts Jimmie Owen $269,000 First American Title Company
Rutherford Dale R $75,000 First American Title Co
Scott Joe E $57,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Debok Brandon George $242,400
Previous Owner Spotts Jimmie Owen $215,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2017 04/19/17 Sold $303,000 -7.9% $263 / Sq Ft
03/13/2017 03/13/17 Pending -- -- --
02/11/2017 02/11/17 For Sale $329,000 +98.2% $286 / Sq Ft
03/16/2016 03/16/16 Sold $165,968 +10.7% $144 / Sq Ft View Prior Sale
02/24/2016 02/24/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $149,900 -- $130 / Sq Ft
Source: Palm Springs Regional Association of Realtors

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,360 $351,651 $98,647 $253,004
2023 $4,360 $337,998 $94,817 $243,181
2022 $4,442 $331,371 $92,958 $238,413
2021 $4,353 $324,875 $91,136 $233,739
2020 $4,162 $321,545 $90,202 $231,343
2019 $4,091 $315,241 $88,434 $226,807
2018 $4,016 $309,060 $86,700 $222,360
2017 $2,372 $169,287 $67,320 $101,967
2016 $3,101 $230,000 $58,000 $172,000
2015 $2,057 $151,000 $39,000 $112,000
2014 $2,055 $151,000 $39,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Springs Regional Association of Realtors

MLS Number: 17-201210PS

APN: 508-520-001